THE CHINA MAIL, FRIDAY, APRIL 7, 1961.
WEEKLY REPORT ON THE HONGKONG STOCK EXCHANGE
HONGKONG STOCK
BACK TO HIGHER GROUND EXCHANGE
The
recession has come
and gone
The recession
has
come
and
gono.
Although it lasted less than three wooks, it was unusual for Hongkong. In past years there have been seasonal recessions soon after dividend time, but on a milder scale.
The recent recession, accord-
1К Папк Lombard Wheelock HK Whart
HK Realty
glance ✰
Dividend
Our Dun Correspondent:
Stock konst morning amounted proximately $1,500,000.
Exchange this
to
ap- Noon morning's
LONDON STOCKS GAIN
London, Apr. 6.
Burinens done at the Hong With a large amount of now timp buying and Inquiry going on for the how account which covers the budget on April 17, Industrials closed the day Firm with extensivo rides, although there were tomo advorno movements.
Lon. Reg.
Whart Co.
X.D.
Balon Buyers Sellore
430 442 23440 20438 100 430
བྷ, €
100
1500
600
500 21.00
1000 v
a The share market at
Up or
March 2
1805
March D 1030
48
5%
14
15
March 10
1985 50 15.30
March 23 420.
April C
Down
440°
+12
& Bonus
$60**
Yield (%) 3.7
40
400
#teady
$2
4
quotations and
the
14.10
15.80
+1.70
600
3.8
transactions:
292
320
382
370
430xcl
$12
3.2
Bharen
1K Docks
130
160
149
139
118
-15
$4
3.4
IK Bank.
Talkoo Docks
7416
BOLG
80
7316
78
+24
$3.40
4.1
Provident
20,80
20.30
29.40
20xd
3014
1.30
4.3
HK Bank
HK Hotels
4814
50%
4014ex all
40 ex all
330
403
93
0.5
HK Lands
8514
014
78 ex all
7314
18
+44
62.40
Dk. E. Alla
221
2.15
2.00
2.725
254
2.375 ex ris,
13.750
5,7
430
HK Trams
3434
$8
3431
3214
30
+314
$2.05
5.7
Talkoo Dock
400
500
Star Ferry
214
214xq
210
201
204
steady
$10,30
5.1
Yaumails
137
145
145
133xd
139xd
+7
30.50
0.8
HK Com
2115 21.70
--
Ch Light
31
334
3241
33
373%
444
$1.10
2.9
Electrics
35
37xd
3014
30%
3814
+3
31.70
4.4
HK Telephone
461%
48
454xd
43xd
45:
+233
$1.75
3.8
500
21.00
G. I. Cement
Dairy Farm
12xd 4314
0014 42
€0
07
+1
-$4
0.1
4040 2115
40
3916
-50c
$2
Wheelock
. 15.00 15.70
14.17
15.00
A. 8. Watson
46
51
48%
48
47
-1
$2.00
5,2
Lane, Crawford
401/
5214
50
Int'l Investment
14.30
funds.
abundance
The
of
Allled
11.30
16.10 13
15
4714 14.00b
5114
+4
$2.15
5.3
14
-200
700
5.1
12.70
11.80
11.00
+100
$1
8.4
op-
HK & FE Inv
1714b
Textile Corp
8,05
Nanyang
13
20.00xd
0.05 1436
10.90%
18.20
21.30
+3.10
900
4.2
HK Dock
8.70
8,15
8,40
+250
Provident 29.60 29.90
80c
9.5
13.80
12.80
14.80
+2
$1.10
HK Hotel.
402 47
**(Before sub-division of shares).
2000 43
HIC Land. 77!2 HK Lant
Itt. 53
Yaumati XD 130 HK Tram. 351 352
54
130
Ch. Light
35 361
The high volume of business under review work (Tuesday to yesterday) Indicates
continued
ing to some observers, was ag- for the gravoted by two main factors-
11 Hongkong Bank chairman's the warning of speculative fever" available
and the explosive Laos situation.proximate turnover for the 215-
Improved day week was $29,010,000. With the
clocks
Monthly Share The official political situation most
greatly
change have
ሃ ነነ
In the Hongkong Stock Ex-Report shows that business re- back ported during the month of ground, although March amounted to $218,350,501, on to blgher Trit all to
levels compared with $87,880,724 fo their best reached between March 9 and the same month in 1000.
further The Report
shown that from January 1 up to the end of March this year, the total turnover was $401,907,730. The (otal turnover for the whole of 1900 amounted to $875,775,013.
16.
The best performers, all of which reached their best levels, were (closing rales): Lights ($174); Electrics ($384); HK FE Investment ($21.30); and Nanyang ($14.80).
The leading share, Hongkong made Banke, also
good re- every, closing at $440, up $12 the closing rate of Thursday, March 23, which was the last report In the China Mail.
HIGH VOLUME
Markot diary
Tuesday: tinued its brighter
con-
The market recovery on the International prospect. one time In the morning buyers outnumbered sellers by 10 to one and prices rose stead-
At
ily led by Banks and Wheelocks.
GJ
(Sub-dividend into five aliares).
SMALL ADVANCE REGISTERED
IN WALL STREET STOCKS
New York, Apr. 6,
Stocks scored a small advance today thanks to a strong oil section, some good
electronics, drugs and special situations.
Activity continued brisk but
Closing prices
The shipping company continu-well below yesterday's levels. There was no report due to
throughout the the holiday on Good Friday,ed to advance March 31, but the trend of the day and market for the week ended March 30 showe a small pro- gressive recovery from the re- cession's low point.
i
but sellers were
was turnover Ce- $11,780,000.00
Among the stocks that show- ed minus signs were Docks
down ($118,
$15);
scarce.
ended at $15.50. Wharves and Docks made fur-
Abitibi Pwr. & Paper ther advances, while Utilities Alden Inc. Acy. section all gained
Algoma Steel Corp. an a very
Allied Chemicals orders. large volume of buyers'
Allied Mills Inc. fractionally Allis Chalmers Rubbers improved
The Brake Shoe approximately American Airline
Radio Corp. Am. Cable and the market
American Cyanamid Am. & Furgn. Power Am. Gas & Electric Am. Home Prod, Am. Mach. & Fury. American Metal Am. Natural Gas American Smelting Am. Sugar Ret. American Tel & American Tob. Ampex
ments (5392, down 53 cents); closed in a strong and buoyant International Investment ($142.mod. down 20 cents); and Dairy Farms ($47, down $1).
AMERICANESSA
S & COMMODITIES
WHEN SELL
TECHNICAL
WHEN
D
QUY
ANALYSIS
On Stock Trends
Research Dept. PERENNIAL TRADING CORP.
610-618 Edinburgh House
Hont Kont Tel: 2004, 38164
Wednesday: The market main tained its Brm attitude for the half day's trading. Wheelocks and all Utilities were heaylly touched dealt in. The former
and $15.90
closed firm. Falr business was done in the Rubber Anaconda Copper section, with prices fractionally | Armco Steel Armer. The turnover umounted Armour
to approximately $6,400,000.00.
Colombian Carbon Co. Commercial Credit Corning Glam Works Consolidated Edison
Consumer Gas
Continental Can
BcDeTijult J. Huy McDonnell Aireratt
Merck....... Mesabi Iron Corp.
Rheem Mfg.
Sterp Rock
Sterling Drug Co.
Stokely-Van Camp.
110 120
200 21.00
4000
18,30
1000 10.00
500 + 15.00 3000 & 15.60
2000415.70 1350 18.00
500 GP 30 1000 (0.00 1000 u 20.00 300 20.00 2000 kr 47
70 1300 70
Electric
302.
19
Dairy Farm 20%, 30% Watson
17 4715 Allied Inv. 11.70 Texille
200 or 54
BOO $31
10010
100 150 2000 ja 3315 1000 $10 600 351
53003814
4500 38
500 or 3014
1000 or 331%
1500 or 3015
2000 335
2500 / 38%
120 0 38 500302
100 30
1300 30
720 or 3012
לית * OCO
2000 B
3000 38
B00
30
1000 30
2200 er 38
500 332 510039
V000 384
250404 2000 40% 2000 4051
200
2150 40 4627
4500 467; 10004404
500 CO 150007
100 00 500 OT
3000 MP 3915
12 2000 11.80
6.20 0.10 1000 0.31
67% | Johns Manville Co.
60
002
Kaiser Industries
116
Sears, Roebuck & Co.
130
Kantes C. Power & Light
07
Shell Oil Co.
10
Kennecult Copper
B415
Safeway Stores
Consolidates Paper
4334
Kimberly Clark
RA
Saini Reg. Paper
10%
Liggett & Myers Tob. Co.
901
Sehentey Inc.
302
374 Continental Oil of Del.
Lily Tulip
542
Scott Paper
$7
Lillon Ind.
110
Slagler Corp.
閃
Creole Pet
SOTA
Lackieet Alterart
42
Sinclair Ou
4812
Crine Co......
(312
Long Star Cement Co.
CO
Smith, Kime & Frenen
Crown Zellerbach
501
Lorillard P.
001%
Socony Mobil Onl
Telophone 4012
曲
40%
South Puerto Rico Sugar
431%
Cuban Am. Sugar
14
Lowenstein & Sens.
171%
Southern Co. (The
2314
Delaware & Hudson Co.
18
314%
Southern Natural Gas
01 Diamond Alkali
2015
Southern Pacific Co.
47%
Diamond Nat'l
4418
ឱ!''
Southern Railway (Con)
119
103
Distillers-Sengroms
Sperry Hand
cs
Doug Aircraft
Minnesota Mining
03
Sicndard Brandi
1991
Dow Chemical
7312
Mission Development
2014
Standard Oil of Cal.
113
Dupont de Nemours
200
Monsanto Chemileal Co.
43!
Standard Oil of Ind.
Eastern Air Line
Montecallal
30
Standard Qui of N.J.
0014
Eastman Kodak
Montgomery Ward
BITH
Steel Co. of Canada
G01
Paso Natural Gas
201
Motorola Inc.
032%
G.I. Cement CO
07
Family Finance Corp.
40
National Biscuit Co.
DI
123°
Ferro Corp.
40%
National Cash Reg. "A"
84
.........
Firestono Tyre & Rubber
092
National Dairy Prod.
со
National Lead
14
Stone & Webster" Studebaker-Packard Corp.
First Nat. City Bank
031
National Steel Corp.
OG!
Sunshine Mining
725 Georgia Pacine
Ford Moter
70
03
New York Central
10
Swift & Co.
General Dynamles
30
Noranda Mines Ltd.
4431
Техая Со.
Nortolk & Western Ry.
100~
Textron Inc.
6003
20
0412
North Amer. Aviation
4312
Atlas Cons. Mining
ชุม
Nerthwest Airlines (Com.l
Tide Water Oil
2012
143)
4024
The Juc.
Oklahama Not. Gor
347
334)
Gen. Pub. UNI:
2911
Olin Malhieron
40
Traders Finance
442
Gen. Tel & Elec.
30%
Oils Elevators
701
Travelers Inc.
Nanyong
Cell. Tyre & Rubber
643
Tri-Cont. Warrants
Owen-Illinois Glams
B012
40
Gelty Oll
18
Twentieth Century Fox Film
7
Telephone
40.
Gildden Co.
301:
Oxford Paper Co.
31
4
Union Carbide
1214
5000 B.15 2000 8.20 500+ 0.15 .. 14.40 14 0 500 G 14.00 1000 14.00 Rubber R. Trust...
7.00 0.10 1602 0.05
Beneficial Finance
4415
Goodrich (B, F.) Co.
Go
Pacine Gas & Elec.
11
Union D of Cal.
City Hotel 17.30
Bendix Aviation Corp....... Benguet Corin
0416
Goodyear Tyre
Pan American Airway
1944
Union Pacific Railway
311
136
Bethlehem Steel
431%
Grumman Aircraft
Great Northern Railway
4BER
Paramanut Pictures
TOM
United Aircraft
412
314
Parke Davis Co.
United Fruit
20
Gulf Ou
3T
Penny J. C. Ca.
391
Runity
United Gas Comp.
05
Penn, Salt Co
34
U.9. Foll "B"
4EPP
344
Hammond Organ
21%%
Philip Morris
10113
U.S. Gypsuits
1051
39%
Heyden Newport Corp.
27%
Pitney Bowes
50
U.S. Line Co.
3411
Hiram Walker
451%
Procter & Gamble Co
134
UH. Hubert
03
Ex. Ri
2.379 2.40 9tor
204 Ferry 200
K&FE Inv 912 91.00
5000 a 2.40 100 of 201 400 204
2500 211
4715
Homestake Mining Co.
421%
Pittsburgh Plate Glass
7
U.9. Smelting
35
Hussman Refrig.
10
Portland Gen. Elec.
43
U.S. Steel
500 21.00 1500 6 4112
47!
Idaho Power
GO
Publicker Industries
10%
US. Steci 7 P.C. PF
140
1800 21.00
01
Imperial 011..
44
Pullinan
Wamer BrON.
G2A
Gilman
4.00
4.70
2014
Ingerial Tubacco
13
Pure Oil
Waukesha Moto
BT
ROCD 4.725
1216
Ingersoll-Rand
02
Ratilo Corporation
Westinghouse Air Brake
20
G500 4.70
3412
1aland Steel Co.
471%
Ando Corp. Pref.
Westinghoure Electric
43
Vibro.....
Celanese Corp.
201
Inlerchemical Corp.
41
IT. Financial Corp.
DOP
Int'l Business Machines
607
Western Union Tel, Co West Va. Pulp & Paper
43
Int' Inv.
F
Peak Tran
33
Chase Manhet, Bank
70126
Int Harvester
61
F. Pd.
123
€74.
Chrysler, Motors
数题
International Niekel
G01
130
33
Lane
Craw.
52
-UPI.
Colgate-Palmolive Co.
བཿཉË
Cold. Macg.
01
Aberto Corp.
Thursday: The market opened Baldwin-Lima-Ham.
Boeing Airplane norden (The) Co. Burrough Add Machine British Am. Oil
an a more restrained note than | Bartimore & Ohlo the last few days, and price Bank of Montreal changes were slight and in no Beech Life SaveTS
B. C. Tel. C. particular direction. Trading gathered pace throughout the note. day, ending on a busy Utilitics were th busiest and made small gains, the least u which were Telepi ones which beller. Wheelocks closed $1 hesitated at the $18 price bar- rler ind remalned
steady. Among the Investment Compan- les H. K. & Far East were out- of more standing, with a rise than $1 reaching their best ever on large buying demand Docks, Hotels, Lands and Cements were
casier fractionally
The tone remained strong at the close with an approximate lurn- over of $10,800,000.00.
British Columbia Pwe Calli. Packing Corp. Cana. Bx, of Comm. Cana. Brewers
Campbell Soun Co.
Canadian Pacife il.
Cane (J. 1.) Co.
Cat, Tractor
Cluell Peabody
General Electric
General Foods
General Motors
International Paper
Int'l Tel & Tel
Tilokol Chem.
itaytheon
Republic Steel
| Rejmoxis Metal
Reynolds Tohacen
loyal Bank of Canada
Royal Dutch
Winn-Dixle Stores Woolworth K. W)) Zenji Radio_____
ܕܙܕ
1030 0.03
230 or 27 400 27.10
Humphreys 20.40 2000 1200 201
P. Pu
tord.)
21 1000 20.00 14,70
FLY LUFTHANSA NEW YORK
LUFTHANSA
GUNEMAN AVEVELINES
BOEING 707
SERVICE
TO EUROPE
Wednesdays and Fridays
TO TOKYO
Tuesdays and Thursdays
# SPEED -Rolls-Royce engines for
range and reliability! NCOMFORT - Famous Senator
Luxury sorvico in first class at no extra cost!
Sonator.
Service
For Reservations see your Travel Agent-
(or JEBSEN & CO. Tal: 95361
COTTON MARKET
New York, Apr. 6. Cotton futures today dawd- led through another slow and uneventful session to- day.
Commission selling In the nearby months, partially ogninst replacement purchases In the new erep months, provided a trading feature.
At the close the list ruled off five to up 10 points. The mar ket opened of 10 to up one point. New Orleans closed ve Iwer to five points higher.
Part of the elling in nearby months was coupled with the persistent rise in the certificated stock and the attendant discus- slon on the chances for sizable deliveries against the May con- tract.
The deliverable block today moved up to a new season high at (0,013 ales, plus 11,510 bales pwding Inspection, The com- bined total of 78,100 bales re preseliled an overnight increase br 1,345 bales-tiri.
Exchange rates
Tusinin wán done in the Jack! unofficial exchange thatket this nothing at the following raten:
U.B. dollar (per is
Imperial Chemicals rose pence to 78/7% pence and Rolls Noyce were up one shilling to 40/7/2
The Increase in Middle East
oil prices helped Brilish Petro-
leum, Burmahs, and Shell
record gains which were around six pence.
to
alt
Dollar stocks eased in sym- pathy with Wall Street. The dollar premlum
rose
onc-
quarter per cent to 0 per cent.
Steel made a firm showing while line showed some small
gaina
Rubbers and teas were generally quiet,
The forelen bond seelion re- mained quiet.—UPI.
Closing pricos
British Government Securitie 215 Consolidated-411. 2. Conversion-551
Bavings 1935/05-90-15/10. Savings 1960/70-79-1/16. 3 Baving 1005/75-£719)
Oversea Bandi
B%, German (Dawes)-0015,
Japanese, Aerenied £159.
Banka & Insurance Barclays Ord-799 vd. Chartered Bank-12 33. Guardian Ansurance-144 34. Hongkong Bank-167%. Lloyds Bank-669.
Lombard Banking On-2s.
Druh Petroleur-58. Burman Dil-403 90,
Shell Transport Ord-150 3d. Royal Dutch–£36.
Steel & Engineering o
Babcock & Wilcox
Tribe Investments-04% Dd. United Steel-07 PT. Vickers Ord. 4.
Electio Elec, Mus. Inthustries 45% J. English Electric Ord-31 ud. General Electric Ord-37 m. Philips Lamp Works-13
Industrials Assoc. Portland Cement-029 ?1:d. Boardman, Marden Ond-de Du. Dunlop Rubber Ord.-2th Dd. Forestal Land-19 34. Gibman (Holdings) Ord-Sa 0. Hudson's Bay.
Redion Ord-475 4td. Turner & Nowäll Ord-12 Tiga. Unilever Ord-102 d. Westland Aircrafi-176 414d. Wiggin's Tenpe Ord-3.
Chemicali
Imperial Chemical Ord-73, 74, Monsanto Chemicals Ord-201
Faper
Ord-318 d. Downter Paper
Do La Rue Ord-Gas Bd.
Tobaccos
British-Amer. Tob. Ord-ca dy Carteras "BO73—41 4150. Imperial Tobacco Ord-G
Motors
150.
Bich Motor Ord-10s, Hawker Siddeley Ord-20s 105. Jaguar Cars Ord-02 Gd cor. Rolls-Royce Ord-40% Tijd. Standard-Triumph-12s 24.
Textiles Calllo Printers' Ord-15s Dd. Coats P.) ON BOU. Courtauld Ord429 Dad, Fine Spinners Ord-201 36. Lancashire Cotton Ord-3% 7144. Brores
Great Universal Ord-60s Gd. Ivona (3) "A" Ord-93, 4150, Marks &
"Aco Dd. & fpcrd-138 760. EmpireE
11id. “
United Drapery Ord-B
Woolwork (F.W.) Ord-57 415d.
Miscellaneous
Bowmaker Ord-255.
Canadian Pacific Ord-$14. 2longkeng & Chinn Gas-169. Indo China Det, Ord-24, 4350. Land Securilles Org–378 7ya P.&O. Stoom Nov. Def-41
Ud.
Stoll Theatres—100 415d.
De Beer Def-1304.
Petaling Tin-11 10%.
Rio Tinto (Bearer)—£2-7/37, Roan Antelope Copper-5. Tronoh Minra--441 04. Union Corporation-478. Welkom Gold Mining-734 3. Western Holdings-120, 3,
TLUBDAY 4 Tenn Anglo Indonesins Plant-41 61. Ceylon Tea Ord-380. Imperial Tea Ord-1da. Kuala Lumpur-Kepong—31 Dd. Lambak Rubber-85 736t.
-Reuter.
US INVESTMENT QUOTATIONS
The following are US. Invest- ments as in American dollars. Buyers' prices include commis-
Amilated Fund Am Bus, Blire Atom Der Mut Axe Hourti Bullock Fund Canada Gen Fudd Canadian Fund Canadian Ing., Gi Chemical Fund Commith Block Dividing sh Dreyfus Tund Falon & it. Black Fluctuille Inv. Jounder Mut Fu Itamil ra. AC-7 Inalt Found Instit Orowth Invest Tr. Boston that, Income
Keystone Cunt 32 Keystone Canada Mais Iny. Tr. Mara Crawil NAI, Bec. Ber.
Tajev El. Fu Value Line Fund VIP
Wallington Funä
Gellers Buyers B.20 0.03 4.35 4.00
9.21 10.02
4.01 19.36
18.17 10.40
17.00 19.14 11.43 12.01
17.45 Aqsrt
0.00 3.0
17.02
1850
13.03
14.GO
33-01 12.554
3.70
6.30
11.00 12.75
17.11
J
0.04 120
22.20
24.30
10.23 17.57
14.78 thm
17.30
11.70
P.93 10.85
10.03
1.70 9.49 7.18
io.co
UNIT TRUSTS
Firat angkope Fund, ox dividend: $1.3 (buyer); $1,42 (seller).
Sterling nules (per (1)
10.00
Indonesian Rupials per 103.
Ausilian notes (per 41) ........ 11.17
TED
MAN BUAT per 1005
25.00
08
Blingapore (Bill)
215]
vmild (buyqr); $1.03 (adliery:
Becond Tiongkong Bund: